SPKCC Spiko Cash & Carry Fund Token: Overview and Risks

SPKCC is the ticker for the Spiko Digital Assets Cash & Carry Fund, a token that the project describes as tied to a systematic fund. According to the project's own description, the fund picks each month between two strategies: a classic crypto cash-and-carry trade using CME futures, or short-duration U.S. Treasury bills. The stated aim is to earn predictable, market-neutral returns that beat the prevailing risk-free rate. The project also says investor returns follow a transparent, rules-based strategy index. A cash-and-carry trade generally means holding the spot asset while taking an offsetting futures position, so that price moves in the underlying asset are meant to net out. This page describes the strategy as the project presents it and does not verify its performance.

The project does not spell out the token's utility in detail, so this section stays brief. Based on the project description, the token gives exposure to the fund's strategy index, and returns are said to reflect that index's performance. The public information here does not describe staking, governance votes, fee discounts or other functions, so readers should not assume any of them. Whether holders have redemption rights, how subscriptions work and what fees apply are questions to answer from the issuer's own fund documentation rather than from this summary. The category labels attached to the token, including Real World Assets, suggest the project sees it as a tokenized financial product rather than a payment or platform token. Any statement about what the token can be used for should come from the issuer, not from third-party summaries.

As of 2026-11-05, the data shows a price of about 1.029 US dollars, a market capitalization of about 6.3 million dollars and a fully diluted valuation of the same amount. Circulating supply and total supply are both about 6.14 million tokens, and no maximum supply is listed. The price has moved within a narrow band: the recorded all-time high of about 1.029 dollars came on 2026-10-27, and the all-time low of about 1.008 dollars came on 2026-01-05. The weekly change was roughly flat, at about 0.02 percent. Trading volume and one-year change were not available in the data. These figures change constantly and are shown only as a snapshot, not as a forecast. Readers should check a live source before relying on any number.

The token is issued on five networks: Ethereum, Starknet, Base, Arbitrum and Polygon. It is not listed as the native token of any blockchain. Being issued on several networks means that a version of the token exists on each chain, and holdings on one network do not automatically appear on another. Bridges or transfers between networks can carry their own technical and security risks, and the bridging rules for this token are not covered. Users should confirm which network their wallet is using before sending or receiving, and should check the issuer's list of official contract addresses for each chain. The project's description does not give a launch date, so that detail is left open here.

Several risks apply. The fund strategy relies on futures markets and on the spread between spot and futures prices, which can narrow or move against the position. Short-duration Treasury bills carry their own rate and liquidity considerations. The project describes the approach as market-neutral, but that description is not a guarantee of returns, and past behavior, including the short price history shown, does not predict future results. The market capitalization is small, which can mean thin trading and wide price gaps. Regulatory treatment of tokenized funds varies by country, and the data gives no licensing details. Before acting, read the issuer's fund documents, confirm the official contract address for each network and consider whether the product is available where you live. Nothing here is investment advice.